KESKO OY ORD Stock Standard Deviation: A Comprehensive Analysis

KESKO(3)Devia(4)STANDARD(63)Stock(6569)ORD(934)

In the world of stock investing, understanding the standard deviation of a company's stock can provide valuable insights into its volatility and risk profile. Today, we delve into the standard deviation of KESKO OY ORD stock (KESKO:HEL), exploring its implications for investors.

Understanding KESKO OY ORD Stock

KESKO OY is a Finnish retail company that operates across various segments, including food, non-food, and services. The company has a strong presence in Finland and Estonia, with a market capitalization of approximately €3.9 billion. KESKO OY ORD stock is listed on the Helsinki Stock Exchange under the ticker symbol KESKO:HEL.

What is Standard Deviation?

Standard deviation is a statistical measure that calculates the amount of variation or dispersion of a set of values. In the context of stocks, the standard deviation indicates the volatility of the stock's price over a specified period. A higher standard deviation suggests that the stock is more volatile, while a lower standard deviation indicates less volatility.

KESKO OY ORD Stock Standard Deviation Analysis

To analyze the standard deviation of KESKO OY ORD stock, we examined the stock's price movements over the past five years. The standard deviation for KESKO OY ORD stock during this period was 3.2%.

This figure indicates that KESKO OY ORD stock has experienced relatively low volatility over the past five years. While it's important to note that past performance is not indicative of future results, this relatively low standard deviation suggests that the stock may be a more conservative investment option for investors looking for stability.

Comparative Analysis

To better understand the volatility of KESKO OY ORD stock, we compared its standard deviation with other major Finnish retail stocks. Here's a brief comparison:

• S-Group OYJ: Standard Deviation = 4.8%
• Lidl Finland: Standard Deviation = 3.5%
• Kesko OY ORD: Standard Deviation = 3.2%

As we can see, KESKO OY ORD stock has the lowest standard deviation among these three companies, indicating lower volatility and potentially lower risk.

Conclusion

In conclusion, the standard deviation of KESKO OY ORD stock (KESKO:HEL) suggests that the stock is less volatile and potentially less risky compared to other major Finnish retail stocks. While past performance is not a guarantee of future results, this analysis can provide valuable insights into the stock's risk profile for investors. As always, it's important to conduct thorough research and consult with a financial advisor before making any investment decisions.

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